Each Of The Top 100 Cryptocurrencies Explained In One Sentence

Authored by Gokul N K via HackerNoon.com,

From an All Time High of $19,665.39 Bitcoin has now fallen to $3,398.68. That is a straight 82.78 % decline. If this is the condition of Bitcoin you can just imagine the plight of other Altcoins. Bear Markets are brutal. But they also give you enough time to learn about technology, separate good projects from scams and identify those rare gems.

Just to make sure that I don’t miss out on any good projects, a couple of months ago I started making short descriptions about the top 100 projects. Every once in a while I check the list. If there are any new entrants then I check them out and add my notes. I have just formatted them and sharing them as a post.

1. BTC —BitcoinDigital Gold, Gold 2.0. Read More>>

2. XRP —XRPEnterprise Payment Settlement Network. Read More>>

3. ETH —EthereumProgrammable Money, Smart Contracts. Read More>>

4. XLM —StellarFast International Payments, Ripple-like.

5. USDT —Tether1USD Peg, Backed?.

6. BCH —Bitcoin CashBitcoin Clone. Bad PR. Read More>>

7. BSV —Bitcoin SV— Bitcoin Clone. Very Bad PR. CSW’s vision?

8. EOS —EOSDAPP framework DPOS.

9. LTC —LitecoinFast popular Bitcoin clone. Read More>>

10. TRX —TRONBlockchain-based entertainment content sharing platform. Read More>>

11. ADA —CardanoSmart Contracts Platform, Overhyped. Read More>>

12. XMR —MoneroPrivacy Centric, Hackers favorite.

13. XEM —NEMEnterprise Smart Asset System. Read More>>

14. MIOTA —IOTAIOT Payments, Low fees.

15. BNB —Binance CoinBinance Exchange, Upcoming DEX plans.

16. DASH —DashPrivacy Focused, Bitcoin Clone. Read More>>

17. ETC —Ethereum ClassicEthereum Clone, Uncensored version. Read More>>

18. NEO —NEOChinese Smart Contracts Platform. Read More>>

19. ZEC —ZcashPrivacy Centric Bitcoin Fork. Read More>>

20. DOGE —DogecoinMEME turned micro-transactions litcoin-clone.

21. MKR —MakerAsset backed decentralized stablecoin.

22. XTZ —TezosSmart Contracts, DAPPS POS.

23. VET —VeChaintrustfree, distributed business ecosystem.

24. BTG —Bitcoin GoldBitcoin Clone for GPU Mining.

25. TUSD —TrueUSDStable Coin. 1 USD peg token by TrustToken.

26. USDC —USD CoinUSD stable coin backed by Circle.

27. OMG —OmiseGOBanking the unbanked, Remittances-centric.

28. ZRX —0xDecentralised exchange on Ethereum.

29. PAX —Paxos Standard TokenYet another stable coin pegged to USD.

30. ONT —OntologyBlockchain integration for enterprises.

31. BAT —Basic Attention TokenRewards publishers using their Brave browser. Attention economy pioneer..

32. WAVES —WavesDecntralised exchange. Create your own token without coding..

33. DCR —DecredAutonomous digital-currency. Atomic Swaps.

34. QTUM —QtumValue Transfer, Smart Contracts.

35. LSK —LiskDeveloper Friendly DAPPS in Javascript.

36. FCT —FactomOpen source data integrity protocol.

37. NANO —NanoFormerly RaiBlocks, near instant transactions with low fees.

38. ZIL —ZilliqaNext Generation, High Throughput Blockchain Platform.

39. DGB —DigiByteHighly decentralised, cybersecurity focussed.

40. BCD —Bitcoin DiamondAnother Bitcoin clone claiming faster transactions and low fees.

41. BCN —BytecoinBlockchain Analysis resistant Privacy coin.

42. ICX —ICONHyperconnect the World. Cross blockchain communication.

43. AOA —AuroraEVM supported smart contracts on DPOS blockchain.

44. BTS —BitSharesFirst peer to peer exchange and decentralised financial system.

45. SC —SiacoinRent your hard-disk. Decentralised Cloud storage.

46. XVG —VergeEarlier called DogeCoinDark. Privacy focussed coin.

47. AE —Aeternitydecentralized computing and digital asset platform.

48. GUSD —Gemini DollarUnable To Fetch Description.

49. NPXS —Pundi XIt is a decentralized platform simplifying cryptocurrency for users.

50. LINK —ChainlinkDecentralised Oracle service.

51. STEEM —SteemBlockchain based social media. Content and reward centric.

52. QASH —QASHLiquidity platform by Japan approved QUOINE.

53. BTM —BytomAsset management via smart-contracts.

54. PPT —PopulousDecentralised global invoice trading platform.

55. REP —AugurDecentralised Prediction Market.

56. R —RevainAI curated ratings and reviews on blockchain.

57. KMD —KomodoAnother privacy centric coin.

58. STRAT —StratisC# and the .Net based enterprise grade smart contracts. Creates sidechains.

59. MAID —MaidSafeCoinCreators of SAFE network. Pay once to upload, Store forever digital economy.

60. GNT —Golemdecentralized supercomputer.

61. HOT —HoloUnable To Fetch Description.

62. MANA —DecentralandDecentraland is a virtual reality platform powered by the Ethereum blockchain.

63. DAI —DaiStable currency by MakerDAO.

64. ETN —ElectroneumApp based mobile mining.

65. CNX —CryptonexEasy entrance into crypto world.

66. HT —Huobi TokenToken for Huobi exchange. Discount on trading.

67. SNT —StatusDecentralised apps. Chat app is most popular.

68. ARDR —ArdorBlockchain-as-a-service-platform that evolved from the time-tested Nxt blockchain.

69. WAX —WAXA decentralized virtual marketplace as service.

70. MGO —MobileGoSmart token for the gaming industry.

71. IOST —IOSTPromising to be Better Bitcoin.

72. KCS —KuCoin SharesCryptocurrency Exchange that redistributes most of the profits.

73. ODE —ODEMPOWERING YOUR EDUCATION AND CERTIFICATIONS ON THE BLOCKCHAIN.

74. INB —Insight ChainA Decentralized Research Ecosystem Chai.

75. MOAC —MOACAdvancing Performance for Enhanced Smart Contracting.

76. NEXO —NexoInstant crypto backed loans.

77. BTCP —Bitcoin Privatehard fork of Bitcoin combined with the privacy of zk-snarks.

78. ETP —Metaverse ETPChinese ethereum and identity.

79. WTC —WaltonchainBlockchain + RFID for supply chian.

80. ELA —ElastosBlockchain powered internet, Operating System, and runtime for DAPPs.

81. WAN —WanchainCrosschain protocol.

82. LKY —LinkeyA Professional and Under Supervised Financial Platform.

83. EURS —STASIS EURSA collateralized stable coin.

84. ARK —ArkAims to create an entire ecosystem of linked chains.

85. AION —AionThe protocol to link all protocols.

86. RDD —ReddCoinSocial currency.

87. PIVX —PIVXPrivacy centric blockchain. Cone of Dash.

88. QKC —QuarkChainScalable blockchain using sharding technology to deliver over 1 million transactions per second.

89. THETA —THETADecentralised Streaming network.

90. RVN —RavencoinA blockchain designed to carry statements of truth about who owns what asset.

91. MITH —MithrilA decentralized social media platform that rewards all content creators.

92. POLY —PolymathThe securities token platform.

93. BNT —BancorProtocol for generation of cryptocurrencies.

94. MONA —MonaCoinFirst Japanese cryptocurrency.

95. MCO —Crypto.comCryptocurrency Visa Card.

96. GXS —GXChainIndustrial Level Data Exchange Solution on blockchain.

97. ELF —aelfDecentralised cloud computing.

98. XZC —ZcoinPrivate Financial Transactions enabled by the Zerocoin Protocol.

99. XYO —XYO Network— Blockchain’s first cryptographic location network with beacons

100. LOOM —Loom NetworkLayer 2 scaling for Ethereum

You can check out my dynamic view on https://dashboards.bitfolio.org/#/crypto-summaries

 

via RSS https://ift.tt/2Py2rrg Tyler Durden

Leave a Reply

Your email address will not be published. Required fields are marked *